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Riverside Communities Acquires
Westwood Estates
Area's Premier Manufactured Home Community
CHICAGO, Sept. 19 /PRNewswire/ --
Riverside Communities today announced the closing of its latest
acquisition, Westwood Estates, located in Pleasant Prairie,
Wisconsin.
Westwood Estates is a 344 homesite,
high-quality, family-oriented community situated on 95 heavily
landscaped acres. The community consists of 306 existing home sites
that are 100% occupied and an additional 38 homesites approved for
expansion. With a country setting and easy access to Kenosha as well
as both the Milwaukee and Chicago metropolitan areas, the community
provides numerous options to homeowners for both work and play.
"The acquisition of Westwood
Estates, together with our recent acquisition of Rainbow Lake Manor
located in nearby Bristol, adds to our platform in southeast
Wisconsin and should enhance the operations of both
communities," said David Helfand, Riverside's President. He
added, "Both properties represent the very best of what
manufactured housing communities have to offer - peaceful,
affordable places to live with residents that share a great sense of
community."
Based in Chicago, Riverside
Communities acquires and manages high quality manufactured home
communities throughout the United States. Combined, the management
team has more than 35 years of experience in the MHC industry,
having acquired and managed over 50 communities.
Riverside Communities is actively
seeking additional communities to acquire. For more information,
please call Patrick Waite at (312) 242-1510.
SOURCE: Riverside Communities
CONTACT: Patrick Waite of Riverside Communities, (312) 242-1510.
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